Aselsan Elektronik Dividend yield




   TRY/share 
 Price  14.95
 Dividend  0.15
 Earnings  2.02
 Cash-flow  0.76
 Book value  7.87
 Equity  6.92

Aselsan Elektronik is part of Technology Hardware and Equip. business, which is part of Technology industry. Aselsan Elektronik is a company from Turkey, and his stocks are publicly traded.

Aselsan Elektronik paid a total dividend of 342 million TRY last year, for a market value of 34,086 millions (Market Cap 8,794 millions). Dividend per share of Aselsan Elektronik is 0.15 TRY, and his stock market price 14.95 TRY.

According to the chart below, where dividend yield is displayed, Aselsan Elektronik has a dividend yield of 0.98%, lower than the amount offered by both the market average and companies from Turkey. It is also lower than average of Technology industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Aselsan Elektronik dividend yield with other Technology Hardware and Equip. companies or firms from Turkey.

Dividend yield of Aselsan Elektronik

Aselsan Elektronik Dividend Payout

About the ability of Aselsan Elektronik to maintain his current dividend of TRY 0.15 per share, an amount that accounts for 0.98%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Aselsan Elektronik payout on ernings is currently 7.43%, which is lower than the market average and companies of Technology industry, which are 38.16% and 34.90% respectively. Both figures lead us to believe that there is confidence that Aselsan Elektronikcan maintain his current dividend.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Aselsan Elektronik is TRY 0.76 per share, which is higher than the dividend per share paid by the company of TRY 0.15, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Aselsan Elektronik, compared againt world market average, Turkey companies, Technology industry and Technology Hardware and Equip. sector companies.

Aselsan Elektronik payout

Aselsan Elektronik Dividend History

Year Yield  TRY  Paypout  Shares* 
Present0.98%0.157.43%2,280
20200.81%0.159.93%2,280
20190.73%0.157.18%1,140
20180.31%0.074.86%1,000
20170.24%0.089.52%1,000
20160.38%0.0415.38%1,000
20150.78%0.1327.66%500

*In millions

Aselsan Elektronik Stock performance

Finally, last moth Aselsan Elektronik showed a return of -12.00% compared to a worldwide 4.25% average, and a 3.79% of Technology firms. Over the last year, the company obtained a 26.70% versus a worldwide performance of a 53.42%. More detailed information can be seen in the following graph for Turkey and Technology Hardware and Equip. firms.

Aselsan Elektronik stock and market return